Dyersburg board adopts 2025–26 budget, keeps property tax rate at $1.83
Loading...
Summary
The City of Dyersburg Board of Mayor and Aldermen adopted the annual budget for fiscal 2025–26 and set the city property tax rate at $1.83, approving a 3% pay increase for employees and maintaining current insurance premiums.
The City of Dyersburg Board of Mayor and Aldermen on Aug. 18 adopted the city's annual budget for the fiscal year beginning July 1, 2025, and set the city property tax rate at $1.83.
Mayor Holden said the figure reflected the city's certified tax rate after reappraisal and noted, "So no tax increase for the city of Dyersburg." The measure passed on a motion by Alderman James Baltimore, seconded by Joy Harrison, with all members voting in favor.
The budget follows a reappraisal year and the city's certified tax rate received on July 7, 2025. Mayor Holden told the board that state law prevents rounding up from the certified rate reported to the city. The board also approved a 3% pay increase for city employees and kept employee health-insurance contributions unchanged for the 19th consecutive year; Mayor Holden said weekly employee contributions remain $15 for single coverage, $30 for employee-plus-children, $35 for employee-and-spouse and $45 for family coverage.
At the Aug. 7 finance committee meeting, members approved a one-time library gift and an annual maintenance allocation; the committee report presented to the board recorded a one-time gift of $36,800 and an annual maintenance-of-effort amount of $148,500 for the public library. Treasurer Steve Anderson presented the budget documents and a proposed budget figure as included in the board packet.
Action on the ordinance adopting the budget and tax rate was taken following a public hearing notice included in the meeting packet. There were no public commenters registered for the meeting. Mayor Holden and Treasurer Steve Anderson said more details about departmental allocations and small equipment items would be made available after the meeting.
Board members also discussed storm-damage repairs and potential FEMA assistance for a box culvert repair; city staff said they had met with FEMA and expected FEMA could cover up to about 75% of eligible repairs, but no final determination was recorded during the meeting.
The ordinance adopted at the meeting establishes the city's budget for the fiscal year beginning July 1, 2025, and ending June 30, 2026. Implementation steps, departmental allocations and any required administrative actions will follow through city staff and the treasurer's office.
